You have heard about the $8,000 Home Buyer Tax Credit in the news, but how does it work and how can it help you?

• The tax credit is for first-time home buyers only.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

For more information please visit: http://www.federalhousingtaxcredit.com/2009/home2.html.

If you are ready to take advantage of the $8,000 First Time Home Buyer Tax Credit, call Richard at 805-404-1167